Username: ForexGuy Rating: Asked to: Chaoxiang Lee Date Created: 30 Nov 2018 |
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Category | 28 |
Tag | Financial |
Question | What is 'Risk Management'? |
Hello ForexGuy, In the financial world, risk management is the process of identification, analysis and acceptance or mitigation of uncertainty in investment decisions. Essentially, risk management occurs when an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment and then takes the appropriate action (or inaction) given his investment objectives and risk tolerance. |
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